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Greens say they can lower KiwiSaver fees 40%

Sunday 6th of November 2011

Its so-called ‘public option' provider would use the NZ Superannuation Fund's Guardians as its investment manager and have either Inland Revenue or Kiwibank as the administration manager.

Green Party Co-leader Russel Norman says "a significant part of New Zealanders' savings get eaten away by costs and fees."

He says "the current costs and fees faced by KiwiSavers are prohibitivel...

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